Thursday, November 25, 2010

#Flash* Carlyle Asia makes bid for Kulim stake in QSR at RM6.70 per share

KUALA LUMPUR: Carlyle Asia Investment Advisors Ltd has offered to Kulim (Malaysia) Bhd to acquire all its shares in QSR BRANDS BHD [] at RM6.70 a share.

Kulim said on Thursday, Nov 25, it had received the non-binding offer from the Carlyle Group as it seeks to buy up all QSR shares.

Its offer trumps Tan Sri Halim Saad's offer of RM5.60 a share for QSR.

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